Net cross-border sales of the four Hong Kong funds available to mainland investors saw growth slow in April, but it was still 24 times higher than the southbound flow.
Category: News
The FSA Spy market buzz – 27 May 16
Vanguard goes to the dark side; CIOs and reality; Finance goes Game of Thrones; Asset managers may offer best value; Cow collateral; Natixis is advertising.
Four themes to support Asian growth
Mirae has identified four multi-year themes from the striking rise of the aspirational consumer across Asia that will drive growth in emerging markets.
Survey: HK investors warm to ETF benefits
But Natixis GAM, which conducted the study, believes they may be over-estimating the passive products.
Vontobel AM targets Taiwan retail base
Vontobel Asset Management has launched 11 funds in Taiwan using Eastspring Investments as the master agent.
Chinese fund subsidiary applications on hold
Manulife Teda Fund Management and six other fund houses which have submitted applications to open fund subsidiaries must meet newly-tightened regulations, according to state-run Securities Times.
MAS shuts down BSI Bank in Singapore
The Monetary Authority of Singapore also slapped BSI with a $9.5m fine and sent six senior managers and staff to the public prosecutor to evaluate whether they have committed criminal offences.
Vanguard joins in with EM chorus
The firm sees improvement in the risk-reward balance for sovereign and investment grade corporate bonds in emerging markets.
CSRC takes action on fund subsidiaries
China Securities Regulatory Commission announced action in five cases, and confirmed it is drafting new rules to oversee fund subsidiaries.
MAS stops operations of fund house
The Monetary Authority of Singapore said V Wealth Capital Pte can no longer conduct its fund management business in Singapore after failing to comply with a number of rules.
